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June 2008 Alex Moglia, of Moglia Advisors, participated as a panelist at ABI’s 15th Annual Central States Bankruptcy Workshop in Traverse City, Michigan, June 12 - 15, 2008. The title of the discussion was “Business Subprime Lending Issues: Whoa to the Woes.” The panel discussed a variety of financing options for financially distressed companies. To see the presentation click here. May 2008 Alex Moglia participated on a panel presentation at the Optimizing Ethanol Plants conference in Minneapolis, MN on May 14, 2008. The title of the panel discussion was "Legal Issues in Restructuring Existing Ethanol Plants" and Alex discussed the processes of conducting an operational and financial analysis, and restructuring ethanol plants. To see the presentation, click here March 2008 Alan Friedman of Moglia Advisors served as financial advisor to three unrelated multi-state residential developers in refinancing, sale and/or completion of properties worth approximately $100 million combined. Alex Moglia spoke at the Iowa State Bar Association's Agricultural Law Seminar in Des Moines, Iowa on March 27, 2008. His presentation provided a financial and operational analysis of proposed and operating ethanol plants, including the investment banking activities of raising debt and equity capital in distressed circumstances, and the outright sale of plants to U.S. or foreign investors. February 2008 Fellow TMA Members Moglia Advisors and Concord Financial Advisors announce the closing of a $13.5MM senior secured credit facility for a bakery ingredients manufacturer in Elk Grove Village, Illinois. Moglia Advisors was initially hired as the financial and operational advisors. The deal was successfully closed within 60 days. Barry Davis worked with Concord Financial Advisors on this deal. Alex Moglia authored an article with Jim Hogan titled "The Ethanol Industry May be Out of Gas" and it was published in the February issue of the ABI Journal. To read the article click here. Alex Moglia, of Moglia Advisors, participated as a panelist at the ABI Annual Rocky Mountain Bankruptcy Conference in Denver, February 14 - 15, 2008. The title of the discussion was "Alternative Energy Development: The Newest Ski Jump Event." The panel looked at what is driving the boom in alternative energy and which industries are headed for a "shakeout." To see the presentation, click here. Alex Moglia also participated on a panel at the Distressed Real Estate Investing Summit, February 20 - 22, 2008, in New York. The title was "Opportunities for Buyers and Sellers in Sales of Distressed Assets." Panelists talked about prices and terms of sales transactions, buying strategies, and types of financing. December 2007 An article titled Surviving and Profiting from the Collapse of the Homebuilding Industry was written by Alex Moglia, president of Moglia Advisors, and Jim Hogan of Moglia Advisors was published in the December issue of TMA's Journal for Corporate Renewal. To read the article click here. Barry Davis of Moglia Advisors worked a turnaround engagement for an award winning independent software vendor and voice processing marketer. Barry focused on cash flow reporting and improvements in profitability. The improvement in profitability was primarily focused on proper time allocation reporting and the related billings for each client project. In addition, we showed the Company how to report to the bank on cash flow results. October 2007 Moglia Advisors served as the assignee to the benefit of creditors of Trimax Building Products, Inc., which designed and manufactured plastic lumber for residential, commercial and municipal applications. Chuck Keenon of Moglia Advisors, and Alex Moglia managed the sale of assets, including inventory, intellectual property and machinery and equipment, within 21 days from the date of the assignment. The assets are now part of the operations of the buyer. Moglia Advisors served as the assignee for the benefit of creditors of National Liquid Packaging, LLC, a private label liquid packaging business that served household cleaning and automotive care companies. Barry Davis of Moglia Advisors managed the completion of work in process inventory, billing, collections of accounts receivable, sale of raw materials, disposition of non-saleable inventories and miscellaneous supplies, and the auction sale of the machinery and equipment to an industry competitor. Moglia Advisors served as restructuring advisor to a plastic injection molding company, which was located in the Chicago area and primarily served Tier I and II automotive manufacturers. Moglia led the operational, organizational and financial restructuring that led to the eventual sale of the business as a going concern. Moglia worked closely with management in order to eliminate significant costs, increase product margins, and restore positive cash flow on a consistent basis. April 19, 2007 Alex Moglia and Diana Casas organized a panel discussion sponsored by the Commercial Finance Association. The topic of discussion was "When Worlds Collide: Can Banks and Hedge Funds Prosper Together?" Alex, along with the other panelists, discussed the multiple roles of corporate lenders and hedge funds and how they compete and cooperate. April 30, 2007 Alex Moglia participated as a panelist at the TMA Chicago/Midwest program in Milwaukee, WI. The panel discussed and compared assignments for the benefit of creditors in Illinois and section 128 receiverships in Wisconsin. June 6, 2007 Alex Moglia participated in the Financial Advisors' Toolbox session at the 23rd Annual Bankruptcy and Restructuring Conference of the Association of Insolvency & Restructuring Advisors. Alex addressed the valuation and marketing of intellectual property. May 2007 Moglia Advisors served as the assignee for the benefit of creditors of Applied Composites, Inc. and Diversified Composites, Inc., manufacturers of fiberglass components for industrial and consumer products. Moglia Advisors managed the completion of work in process inventory, billing and collections of accounts receivable and the auction sale of the real estate. Moglia sold the intellectual property, machinery and equipment to a Chinese multinational company. Alex Moglia of Moglia Advisors was appointed receiver for a sixty-nine unit single family home development in New Lenox, IL known as Sanctuary Pointe. The Moglia team contracted for street repairs and other minor construction and worked with the Village of New Lenox to assure that the development was well maintained and up to code. The Moglia team also assisted in marketing the property which was recently sold to a suburban developer. November 3, 2006 Alex Moglia, president of Moglia Advisors, was a guest speaker of the Bankruptcy Section of the Milwaukee Bar Association in Milwaukee, Wisconsin. Alex spoke on "The Little Known World of Federal Receiverships." The presentation included a step by step analysis of a federal receivership as an alternative to a federal bankruptcy or Chapter 128 liquidation in Wisconsin. October 14, 2006 Alex Moglia, president of Moglia Advisors, participated as a panelist at the TMA Annual Convention in Orlando, Florida. The topic was "Rainmaking 101." Alex spoke on how to develop a successful national corporate restructuring boutique firm. September 29, 2006 Alex Moglia, president of Moglia Advisors, participated in a panel at the State Capital Global Law Firm Group's 2006 Annual Meeting in Baltimore, Maryland. The topic of discussion was "Avoidance of Bankruptcy and General Workout Issues" and Alex spoke on receiverships and assignments for the benefit of creditors. May 1, 2006 With offices in Chicago, the firm will continue its operational and financial services under the new look and name of Moglia Advisors. In conjunction with its recent name change, Moglia Advisors is pleased to announce the expansion of the Chicago office. The new name, logo, and expansion are steps in the growing professional practice of Moglia Advisors. June 16, 2005 Alex Moglia, president of Moglia Associates, a national corporate restructuring firm, was a co-presenter on “Hot Topics and Recent Developments in Claims: Procedures, Objections, Late Filing, Estimation, Subordination, and Recharacterization.” The presentation was given at the ABI Central States Bankruptcy Workshop in Traverse City, Michigan. Moglia Associates has offices in Chicago and Phoenix. August 18, 2005 Alex Moglia was a guest speaker for the second year at the 35th Annual Iowa Bankruptcy Seminar. Alex spoke on, “The Roles of the Corporate Turnaround Professional and Chapter 11 Trustee and the New Act: Have the Roles Really Changed?” May 7, 2005 Alex Moglia has been appointed vice-chair of the Board of Directors of the Bankruptcy Court Liaison Committee for the Northern District of Illinois. The Committee was formed to promote communication among the U.S. Bankruptcy Court in Chicago, attorneys and other insolvency professionals, and to create a more efficient Court environment. |